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sweet [91]
4 years ago
7

Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet. The curren

t assets consisted of $62,000 Cash; $43,000 Accounts Receivable; and $88,000 of Inventory. The acid-test (quick) ratio is_____________.
Business
1 answer:
Dovator [93]4 years ago
5 0

Answer:

Acid-test (quick) ratio=0.76642

Explanation:

Given Data:

Current Assets=$193,000

Current Liabilities=$137,000

Cash=$62,000

Accounts receivable=$43,000

Inventory=$88,000

Required:

Acid-test (quick) ratio=?

Solution:

Quick Assets=Cash+Accounts receivable

Quick Assets=$62,000+$43,000

Quick Assets=$105,000

Acid-test (quick) ratio=Quick Assets/Current Liabilities

Acid-test (quick) ratio=$105,000/$137,000

Acid-test (quick) ratio=0.76642

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Using the midpoint method, the price elasticity of demand for a good is computed to be approximately 0.75. Which of the followin
Dmitriy789 [7]

Answer:

b. a 13.33 percent increase in the price of the good

Explanation:

We can write the price elasticity of demand as:

\frac{dQ/Q}{dP/P} =-0.75

We have to guess which event produces a 10% drop in the quantity demanded (dQ/Q=-0.10).

Knowing the concept of elasticity, this can be produced by a price increase.

The amount of this increase can be estimated knowing the value of the PED (price elasticity of the demand).

dQ/Q=-0.10\\\\dQ/Q=\epsilon*dP/P\\\\dP/P=dQ/Q/\epsilon\\\\dP/P=(-0.10)/(-0.75)=0.1333

Then, what causes the 10% drop in the demanded quantity is a 13.33% price increase.

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3 years ago
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Answer: Broker

Explanation: An insurance broker is a person or group of persons who have the legal authority to trade or manage insurance policy of his or her clients. A broker advices the policy holder on necessary actions to take.

Under the California code insurance brokers are not permitted for life and health insurance policy.

An insurance broker is acting as a third party to his or her clients.

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4 years ago
A loss of electrons is ....
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An Accenture consulting team is tasked with developing a new client operating model and decide to follow the Waterfall approach.
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Answer:

Scrum

Explanation:

Agile practices are used in the software development industry to solutions through collaboration between cross functional teams along with input from the customer.

This ensures that quality product is delivered in a timely manner.

We have two major methodologies in agile practice: scrum and Kanban.

Kannan is where a board is used that shows visually 3 items: to do, doing, and done. This drives the team to know where they are and what is coming next.

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The given scenario where the team decides to work in a series of sprints, with brief daily meetings to ensure all team members collaborate effectively, is a scrum approach

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The Management of XYZ Company Limited uses value chain analysis, supply chain management, inventory b)Identify and explain the t
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a) The school of management that the Management of XYZ Company Limited is applying is called <em>Mathematical or Quantitative School of Management.</em>

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b) The Contingency School, unlike the Mathematical  School of Management:

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Learn more about another School of Management Thought here: brainly.com/question/15557968

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